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Infosys to announce results later than usual on July 21

Infosys CEO Vishal Sikka
Infosys CEO Vishal Sikka

Infosys Limited said it will announce the results for its first quarter ended June 30, 2015 on Tuesday, July 21, 2015 at 8:45 a.m. India time.

Normally, the company announces its first-quarter results on or around the 10th of July, and is usually the first Indian IT company to report results.

However, the company has started deviating from this practice from last quarter onwards. The new schedule is also a departure from the traditional practice of reporting its results only on Fridays.

Infosys was among the last big Indian IT companies to announce quarterly results in April this year. That, however, was attributed to it being a year-end result.

The present schedule will mean that Tata Consultany Services, which is likely to announce its results around the 17th, will be the first off the block this time.

Infosys, however, has gone back to its traditional timing of 8:45 AM, instead of reporting when its shares are being traded.

“Following the release, the leadership team will be part of a common television interaction at 10:30 a.m. IST. The participating executives will address questions from the media during this interaction which will be streamed live on the Investor Relations section of the Infosys website,” the company said.

The company will conduct a 60 minute conference call at 11:30 a.m. IST on July 21, 2015, where the senior management will discuss the company’s performance and answer questions from participants.

This event will be webcast live on the Investor Relations section of the Infosys website, following which it will be archived at www.infosys.com. The archive will be available after 2.30 p.m. IST on July 21, 2015. In addition, a transcript of the conference call will be available at www.infosys.com.

The company will also conduct a 60 minute conference call at 8:30 a.m. US ET on July 21, 2015 (open to investors/analysts in all regions), where the senior management will discuss the company’s performance and answer questions from participants.

This event will also be webcast live on the Investor Relations section of the Infosys website and an archive can be accessed at www.infosys.com after 11:30 a.m. ET on July 21, 2015 (after 9:00 p.m. IST on July 21, 2015).

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